Volutary Separation

In: Business and Management

Submitted By alo3362
Words 956
Pages 4
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|Impact and Costs of Voluntary Separation |
|MGMT 430 | |
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|12/12/2012 |

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Every executive should recognize the need for not only satisfied loyal customers, but also satisfied loyal employees as they are both equally important resources and are key to the organization’s success. Therefore, keeping satisfaction amongst the organization’s employees should radiate satisfaction amongst the organization’s investor and/or customers. Unfortunately, keeping everyone satisfied is easier said than done and organizations should be prepared to handle the impact and costs that come with voluntary separation aka termination of employment initiated by an employee (Noe, Hollenbeck, Gerhart, & Wright, 2013). More often than not, employees that have chosen to leave the company are those whom an organization…...

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